China Turmoil Aligns With Greece to Stump Emerging Borrowers
This article is for subscribers only.
Turbulence in global markets is pushing developing-nation debt sales into a freeze.
Brazil is delaying its international bond sale to the end of the quarter, a person familiar with the strategy said on Tuesday. Kazakhstan and the Iraqi region of Kurdistan have yet to tap markets after completing investor meetings last month, and the number of issuers forced to postpone offerings is poised to grow, according to Sergey Dergachev at Union Investment Privatfonds GmbH in Frankfurt.